Wolverine Asset Management LLC acquired a new stake in CUI Global Inc (NASDAQ:CUI) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 506,805 shares of the industrial products company’s stock, valued at approximately $1,393,000. Wolverine Asset Management LLC owned 1.78% of CUI Global at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of CUI. Cowen Prime Services LLC lifted its position in CUI Global by 550.5% in the fourth quarter. Cowen Prime Services LLC now owns 94,329 shares of the industrial products company’s stock worth $259,000 after purchasing an additional 79,829 shares during the period. Eidelman Virant Capital lifted its position in CUI Global by 178.6% in the fourth quarter. Eidelman Virant Capital now owns 103,427 shares of the industrial products company’s stock worth $284,000 after purchasing an additional 66,300 shares during the period. Renaissance Technologies LLC lifted its position in CUI Global by 163.0% in the fourth quarter. Renaissance Technologies LLC now owns 175,400 shares of the industrial products company’s stock worth $482,000 after purchasing an additional 108,700 shares during the period. Perkins Capital Management Inc. bought a new position in CUI Global in the fourth quarter worth $584,000. Finally, Grace & White Inc. NY bought a new position in CUI Global in the fourth quarter worth $628,000. 58.26% of the stock is owned by institutional investors.
CUI Global Inc (NASDAQ:CUI) opened at $3.04 on Monday. The company has a quick ratio of 0.72, a current ratio of 1.39 and a debt-to-equity ratio of 0.24. CUI Global Inc has a 12 month low of $2.44 and a 12 month high of $6.09.
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About CUI Global
CUI Global, Inc is a platform company. The Company’s segments include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc (CUI), CUI Japan and CUI-Canada, Inc, which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs).
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